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in california, making those products. it wouldn't raise the cost of an iphone more than a couple of bucks. but the returns for our economy would be fabulous. >> here's the deal, scott. if those benefits are all exist as you lay them out, the innovation and manufacturing need to be geographically linked in order to fully be open timized, won't the companies realize that benefit? why do we need government to provide special benefits to realize that goal? if it's there, it will be self evident and the company will choose that path. >> well, am, that's a good quechlt here's the reason. manufacturing is in the tradable sector. we have global competition. hospitals don't. retailers don't. other sectors of the economy don't necessary sli that. manufacturers do. and every other country out there has incentives to attract manufacturing. whether it's the low road like china or the high road like germany f we're not in that game, we're going to be sitting on the sidelines and lose jobs. we've seen. that our manufacturing goods, trade deficit has gone up. >> that might be true that some play dirty, w
, but they could be employing thousands of engineers in california making those products. it wouldn't raise the cost of an iphone more than a couple of bucks, but the returns for our economy would be fabulous. it would be great. >> here's the deal, scott. here's why i disagree with you, and that's if this those benefits all exist as you laid them out, the innovation to manufacturing need to be geographically linked in order to be fully op pi timized, won'e country itself figure that out? why do they need the government to step in and realize those goals? if it's there, it will be self-evident and the company will choose that path. >> manufacturing is in a tradeable sector. we have global competition. other sectors of the economy don't necessarily have that. manufacturers do, and every other country out there has incentives to attract manufacturing, whether it's the low road like china or the high road like germany. if we're not in that game, we're going to be sitting on the sidelines. we're going to lose jobs and we've seen that. our manufacturing goods trade deficit has gone up. >> that mi
Search Results 0 to 1 of about 2